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For the forestry and logging industry. 8455 Stumpage costs for the forestry and logging industry. 8456 Royalty costs royalties paid to holders of copyrights, movies, patents, performing rights, and trademarks, found in cost of sales 8457 Freight-in and duty customs and excise duty 8458 Inventory write-down revaluation of inventory and inventory adjustments 8459 Direct cost amortization of tangible assets amortization of leasehold improvements and amounts referred to as depreciation shown in cost of sales 8460 Direct cost amortization of natural resource assets amounts referred to as depletion shown in cost of sales 8461 Overhead expenses allocated to cost of sales amounts reported under cost of sales that are normally considered operating expenses 8500 Closing inventory 8501 Closing inventory – Finished goods 8502 Closing inventory – Raw materials 8503 Closing inventory – Goods in process closing inventory – work in progress 8518 Cost of sales This item represents the sum of all cost of sales amounts. 8519 Gross profit/loss This item represents the net amount of item 8089 – Total sales of goods and services, less item 8518 – Cost of sales – may also be referred to as gross margin. ...

For example, an individual pays an amount to a corporation that would ordinarily not be considered to be assistance. ... As stated in paragraph 5 above, forgivable loans are considered to be a form of assistance. ... This list is not exhaustive and other criteria may be considered. Normal commercial arrangements / transactions 21. ...

If you established ties in a country that Canada has a tax treaty with and you are considered a resident of that country, but you are otherwise a factual resident of Canada, meaning you maintain significant residential ties with Canada, you may be considered a deemed non-resident of Canada. ... If you have ties in a country that Canada has a tax treaty with and you are considered to be a resident of that country, but you are also a factual resident of Canada because you established significant residential ties with Canada, you may be considered a deemed non-resident of Canada. ... If you have not established significant residential ties with Canada to be considered a factual resident, but you stayed in Canada for 183 or more days in the year, you may be considered a deemed resident of Canada. ...

As a result of the change in use, you are considered to have purchased the property at that time and, because the purchase is taxable in this case, you are considered to have paid an amount of GST equal to the basic tax content of the property. ... As a result, the corporation is considered to have purchased an additional 20% of the property. ... As a result, the corporation is considered to have sold 50% of the property. ...

The supply will be considered as having been made in the participating province in which the greatest proportion of the real property is situated. ... Services in relation to real property in Canada and outside Canada A supply of a service that relates to real property is considered to be made in Canada if the real property is situated in Canada, and is considered to be made outside Canada if the real property is situated outside Canada. As a result, where a supply of a service that relates to real property is made and the real property is both situated in Canada and outside of Canada, the proportion of the service that relates to the real property that is situated in Canada is considered to be made in Canada and the proportion of the service that relates to the real property that is situated outside Canada is considered to be made outside Canada. ...

However, under certain circumstances, you may also be considered a builder if you build and sell a single house. ... Answer You are considered to be a builder for GST/HST purposes. Consequently, you are considered to have made a taxable self-supply when you move into a house or when the construction of the house is substantially completed, whichever is later. ... Was I considered to have made a self-supply of the condo unit when I moved in? ...

Non-superficial losses In certain situations, when you dispose of capital property, the loss may not be considered a superficial loss. ... You are considered to have sold the property because you changed its use. ... The property is considered to have been sold because the owner died. The disposition results from the expiry of an option. ...

Organization B has entered into an agreement with University C, which is considered to be a university pursuant to the ETA, to purchase certain educational services from University C. ... University E is considered to be a university pursuant to the ETA. Organization D is not owned or controlled by University E. ... University U is considered to be a university pursuant to the ETA. The incorporating documents of Organization R provide that upon dissolution any property shall be conveyed to University U. ...

Specific-purpose and third-party payments Answer a few questions to find out if the specific-purpose payments made are considered support payments. ... Third-party payments that the recipient can use as he or she sees fit are considered support payments only if they meet conditions 1, 2, 3 and 4 outlined in What are support payments?. ... The monthly amount of $600 paid directly to the landlord and the monthly amount of $300 payable to Alex are considered support payments because he can use the money as he sees fit. ...

If you resided outside Canada on December 31, 2016, but kept significant residential ties with Canada, you may be considered a factual resident of Canada. ... If, under a tax treaty, you are considered to be a resident of another country, this may not apply. ... If you stayed in Canada for 183 days or more in 2016, you did not establish significant residential ties with Canada, and under a tax treaty, you were not considered a resident of another country, you will be considered a deemed resident of Canada. ...